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Egypt suspends permits on new Brazilian meat imports temporarily after concerns of tainted meat
Egypt has temporarily suspended permits for new imports of meat from Brazil, according to Bloomberg. Saudi Arabia, the world’s second-largest…
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Wheat import rejections drive trader ambivalence to new import regulations
Traders raising wheat prices for Egypt after state wheat buyer nixes seven cargoes since January: The General Authority for Supply…
Over-borrowing from the CBE is the real culprit behind the massive spike in inflation
Over-borrowing from the CBE is the real culprit behind the massive spike ininflation: Egypt’s inflation is symptomatic of a larger…
Egypt “worst performer” among tourist destinations? Russian flights back?
You’re not paying close attention, FT: Egypt is the worst performer among big tourist destinations, Steve Johnson writes in The…
EFSA approves MM Group listing on the EGX
In other news from the capital markets, the Egyptian Financial Supervisory Authority issued a non-objection to MM Group’s listing on…
AMOC taps Bank of New York as advisor on GDR issuance
The Board of state-owned Alexandria Mineral Oils Company (AMOC) has reportedly decided to tap BNY Mellon to run its GDR…
Will metro ticket prices be hiked after all?
The Ismail Cabinet has apparently given preliminary approval to doubling the cost of a Cairo Metro ticket, with fares likely…
Goldman Sachs’ Chairman’s letter to shareholders
Goldman Sachs’ Chairman and CEO Lloyd Blankfein published his letter to the shareholders of the bank. He says 2016 started…
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